A series of changes are set to kick in for first home buyers from 1 April 2015 with the introduction of KiwiSaver HomeStart. The new first home buyer packages have been designed to help people achieve the dream of buying their own home.
Articles Tagged ‘first home buyers’
One of the most frequently asked questions in the loan process is how much deposit do I need for a home loan. As a first home buyer, it’s helpful to know how much deposit you need to save for a home loan so you can get started with a savings plan. Minimum deposits vary between […]
In this edition I am excited to let you know about a new innovative and secure mortgage lender, Economy Home Loans. Whilst personal circumstances always need to be considered, Economy Home Loans provides some of the best value home loans on the New Zealand market today and offers great alternatives for first home buyers, refinancers […]
For many home buyers, buying property is as much an emotional decision as it is financial. A golden rule for home buyers is finding out early exactly what you can afford to borrow and being realistic about your budget. At Loan Market we have a number of free home loan calculator tools to help you […]
Lower interest rates and growing consumer confidence will help stimulate the home finance market in 2012, says leading mortgage group Loan Market. The year ahead looks quite promising with the likelihood of interest rates staying on hold and lender risk appetites growing. With many economic forecasters expecting the RBNZ to remain on the sidelines until […]
Rising interest rates and high property prices are making it even harder to get a foot in the property market. The key to success is discipline – having a plan and sticking to it. How much can I borrow? A good starting point, the borrowing power calculator will help you determine your borrowing capacity based […]
Greater competition between banks and other lenders for home loan clients is leading to a relaxing of some lending criteria, something that has paved the way for a return of the 95% home loan in recent weeks. Low deposit options all but dried up during the Global Financial Crisis (GFC), leaving borrowers to pull together […]